Investments & Projects

The public participation brought together Project Affected Persons (PAPs), officials of water companies, Kenya Power Company, and other relevant government agencies on land acquisition and project implementation from Sagana to Marua in the dualling of the 84km Kenol-Marua road.

The National Office of Electricity and Drinking Water (ONEE) is investing MAD 2 billion ($224 million) to boost the power supply in Morocco’s southern provinces.

Minister of Planning and Economic Development, Hala El-Said, agreed to allocate LE 750 million to support the national project for rehabilitating and lining canals and raising their efficiency at the republic level.

In the field of keeping pace with technological development and addressing errors in electricity bills, which were among the most important customer problems, (180) thousand prepaid meters and (3600) smart meters were installed.

The country invested a global investment of around MAD 52.1 billion ($5.8 billion). The total investment in development projects is estimated at MAD 53.8 billion ($6 billion).

The Ministry of Electricity has allocated L.E. 640 million to develop the electricity distribution network in Sinai Peninsula as part of the first phase of Egypt’s strategic plan to raise the quality of services for Sinai residents.

The development projects aim to improve infrastructure in Morocco’s rural areas, ensure access to water, electricity, and social services.

The contracts were signed between the Egyptian General Authority for Mineral Resources and Canadian and Egyptian companies, in presence of Minister of Petroleum and Mineral Resources Tarek el-Molla.

Tatu City’s owner and developer, Rendeavour, will collaborate with Konza Technopolis to attract investors to Kenya, Rendeavour’s Executive Vice President Preston Mendenhall, and KoTDA’s CEO Eng John Tanui have jointly announced.